Ferrari (RACE)
(Delayed Data from NYSE)
$470.56 USD
-3.50 (-0.74%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $470.18 -0.38 (-0.08%) 7:58 PM ET
2-Buy of 5 2
C Value C Growth C Momentum C VGM
Ferrari (RACE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$438.13 | $512.00 | $340.00 | -7.58% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for Ferrari comes to $438.13. The forecasts range from a low of $340.00 to a high of $512.00. The average price target represents a decline of 7.58% from the last closing price of $474.06.
Analyst Price Targets (8 )
Broker Rating
Ferrari currently has an average brokerage recommendation (ABR) of 2.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 2.07 a month ago based on 14 recommendations.
Of the 13 recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 53.85% and 7.69% of all recommendations. A month ago, Strong Buy made up 50%, while Buy represented 7.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 6 | 6 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 4 | 4 | 5 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.00 | 2.00 | 2.07 | 2.21 | 2.21 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/5/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/2/2024 | Not Identified | Not Identified | Hold | Strong Buy |
8/2/2024 | Evercore Partners | Michael Binetti | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Hold | Hold |
8/1/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
7/4/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/24/2024 | UBS | Robert Krankowski | Not Available | Strong Buy |
5/20/2024 | Not Identified | Not Identified | Hold | Hold |
3/15/2024 | Goldman Sachs | George Galliers | Hold | Hold |
3/4/2024 | Not Identified | Not Identified | Hold | Strong Sell |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.00 |
ABR (Last week) | 2.00 |
# of Recs in ABR | 13 |
Average Target Price | $453.13 |
LT Growth Rate | 10.90% |
Industry | Automotive - Original Equipment |
Industry Rank by ABR | 138 of 253 |
Current Quarter EPS Est: | 2.11 |
RACE FAQs
Ferrari N.V. (RACE) currently has an average brokerage recommendation (ABR) of 2.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms.
The average price target for Ferrari N.V. (RACE) is $453.13. The current on short-term price targets is based on 4 reports.
The forecasts for Ferrari N.V. (RACE) range from a low of $340 to a high of $520. The average price target represents a decline of $3.70 from the last closing price of $470.56.
The current DOWNSIDE for Ferrari N.V. (RACE) is 3.70%
Based on short-term price targets offered by eight analysts, the average price target for Ferrari comes to $438.13. The forecasts range from a low of $340.00 to a high of $512.00. The average price target represents a decline of 7.58% from the last closing price of $474.06.